certificat de dépôt à taux renouvelé
- Domaine
-
- finance
Terme :
- certificat de dépôt à taux renouvelé n. m.
Traductions
-
anglais
Auteur : Banque mondiale / World Bank,Définition
A package of certificates of deposit with maturity of, for example, three years, divided into six six-month periods. An investor buys the package as a whole but he may sell any of the six-month CDs on the secondary market. He is nevertheless committed to rolling over the CD by redepositing funds to the amount of the next six-month CD.
Terme :
- roll-over certificate of deposit
Terme associé :
- roly poly certificate of deposit